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Halifax sells Santa Rosa newspaper

Times Staff Report

Published: Friday, November 9, 2012 at 7:24 p.m.

Last Modified: Friday, November 9, 2012 at 7:26 p.m.

DAYTONA BEACH, Fla. — Halifax Media Group, which owns The Gadsden Times, has sold the Santa Rosa (Calif.) Press Democrat and its affiliated publications to Sonoma Media Investments, LLC. Halifax Media purchased the Press Democrat, The Petaluma Argus-Courier and North Bay Business Journal in January from the New York Times Co. as part of an acquisition that included 16 publications.

“The significant investment by Sonoma Media to buy our California businesses shows confidence in newspapers and that they are a solid investment,” said Michael Redding, CEO of Halifax Media Group. “This new group of investors isn’t just interested in buying the businesses, they are also interested in growing the business. We wish Sonoma Media and the great employees all the best.”

<p>DAYTONA BEACH, Fla. — Halifax Media Group, which owns The Gadsden Times, has sold the Santa Rosa (Calif.) Press Democrat and its affiliated publications to Sonoma Media Investments, LLC. Halifax Media purchased the Press Democrat, The Petaluma Argus-Courier and North Bay Business Journal in January from the New York Times Co. as part of an acquisition that included 16 publications.</p><p>“The significant investment by Sonoma Media to buy our California businesses shows confidence in newspapers and that they are a solid investment,” said Michael Redding, CEO of Halifax Media Group. “This new group of investors isn't just interested in buying the businesses, they are also interested in growing the business. We wish Sonoma Media and the great employees all the best.”</p>